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ZEN Graphene Solutions Ltd.: Zen Graphene Solutions Completes Private Placement for Gross Proceeds of $4.3 Million
GUELPH, ON / ACCESSWIRE / April 9, 2021 / ZEN Graphene Solutions Ltd. (
ZEN or the
Company ) (TSXV:ZEN) is pleased to announce that, effective April 8, 2021, it completed its previously announced non-brokered private placement (the
Offering ) for aggregate gross proceeds of $4,337,998, a significant increase from the $2,000,000 announced on March 25,
2021. Pursuant to the Offering, the Company issued an aggregate of 1,735,199 units (the
Units ) at a price of CDN$2.50 per Unit. Each Unit consists of one common share in the capital of the Company (a
Share ) and one-half of one common share purchase warrant (each whole such warrant, a
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